Singapore Passes Bill Giving MAS Powers to Set Loss Absorption Rules for D-SIBs

The Monetary Authority of Singapore (MAS) has issued its finalised Guidelines on AI Risk Management for financial institutions. Following a public consultation in November 2025, the framework sets out expectations for firms to manage risks across the AI lifecycle and address risks associated with third-party providers. Under the guidelines, institutions can tailor their approach based [...] The po

Singapore’s Parliament has passed a bill allowing the Monetary Authority of Singapore (MAS) to require banks deemed systemically important to hold additional resources that can absorb losses. The Financial Services and Markets (Amendment) Bill passed on 6 October 2026. In its second reading speech, MAS outlined plans to apply the Total Loss Absorbing Capacity (TLAC) [...] The post Singapore Passes